The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for NLS Mauritius LLC
COFFEEDAY · price
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Awaiting price reaction for this filing.
NLS Mauritius LLC, a non-promoter foreign entity, has sold 55,36,559 shares (2.62%) of Coffee Day Enterprises Ltd through open market transactions up to July 21, 2025. Its shareholding has dropped from 8.28% (1,74,85,715 shares) to 5.66% (1,19,49,156 shares). The filing notes that NLS has been steadily reducing its stake over the past few months, and crossed the 2% disclosure threshold on July 17, 2025, prompting this combined disclosure. No encumbrance or pledge activity is involved, and NLS is confirmed as not part of the promoter or promoter group.
Continued selling by a non-promoter foreign investor signals weakening foreign institutional confidence in the stock and could add to short-term price pressure, though it does not affect promoter control.